Car is your most precious and desirable asset and needs to be handled with utmost care. Though it is mandatory to buy Third Party Insurance but your car deserves more than just a basic cover. So, go for a comprehensive insurance that covers your car and third party insurance too. Once, you have decided the comprehensive policy for your car, buying car insurance is pretty easy.

In the techno friendly world, you can buy car insurance online. Just get the insurance quotes from various service providers, compare the premiums, go through the list of inclusions and exclusions and buy the car insurance online.

Key advantages of buying car insurance online:
Immediate issuance of the online policy
Road side assistance
Cashless facility of car servicing at network garage
No Claim Bonus discounts on premium
Accidental coverage for self and co-passengers

General Exclusions of car insurance policy
Electrical/mechanical break-down
Depreciation of the car
Wear and tear of the vehicle
Damage caused while driving without licence
Damage caused if driving under influence of alcohol/drugs

Third Party Insurance Vs Comprehensive Coverage

Third Party Insurance: It is a basic insurance that covers the damage caused by you to the third-party, third-partys vehicle and third-partys co-passengers. Your car is not protected under third party insurance cover.

Comprehensive car insurance: This insurance includes third-party coverage and in addition covers the damages to your vehicle and your co-passengers. It also extends coverage to your vehicle from the damage resulting because of theft, accident, fire and natural calamities.

Both types if insurance come with the validity of one year and have to be renewed every year. The premium would vary every year depending upon several factors.

Factors affecting car insurance premium

Deductibles: The higher the deductible the lower the premium.
Type of car you drive: If you have installed safety devices in your car, it may help you avail discount on your premium. Also, if your car is highly rated for its performance and protection for driver and co-passengers then it can directly help you lower your premium.

NCB: NCBs help you avail maximum discounts on your car premium. It is simply a reward for your safe driving skills. If you have not claimed within one policy year, then you can avail NCB on renewal premium.

Your demography: The place where you live and drive also determines the premium. If living in urban city the premium would be higher as the risk of theft, accidents and collisions is more.